Thanks for joining the thread, queenee444.
Allow me to share some information about undeposited funds.
QuickBooks Desktop (QBDT) uses the Undeposited Funds account to hold customer payments. That's why your payments are labeled as undeposited and go directly to this account when receiving payments.
To get rid of the UF you can make a deposit, please have your deposit slip handy as your reference so you can choose the correct account. Let me show you how:
- Go to Banking from the top menu.
- Select Make Deposits.
- Clickthe checks you want to combine in the Payments to Deposit window and click OK.
- Choose the appropriate account from the Deposit To drop-down.
- Enter the deposit date.
- Add a memo as needed.
- Check the Deposit Total to ensure the account and selected payments match the deposit slip from your bank.
- Hit Save & Close.
I've added these articles that you can use for matching and reconciling transactions in QuickBooks:
Keep me posted if you still have other concerns with undeposited funds. I'm always around to help you. Have a good one!
